AuditBoard, a cloud-based platform transforming audit, risk, compliance, and ESG management, has formed a strategic alliance with KPMG LLP, the audit, tax, and advisory firm. Through this alliance, organizations will be able to leverage the combined power of AuditBoard’s award-winning connected risk platform and KPMG’s deep expertise to elevate audit, risk, IT security, and ESG programs, and help businesses better manage growing risk challenges.

Organizations face an unprecedented volume and velocity of risk — including economic volatility, geopolitical conflict, cyber concerns, and new regulations — placing them in a challenging position where the risks they face have significantly outgrown their capacity to manage them. With the demands of risk and compliance management increasing, enterprises must be more agile, resilient, and cost effective in managing their compliance and risk priorities, including using the latest in AI and automation technology. AuditBoard and KPMG customers in common can leverage innovative capabilities such as AuditBoard AI — which is uniquely powered by a unified data core across audit, risk, and compliance — to elevate internal audit teams with relevant insights, intelligent suggestions, and powerful automations.

“Today’s dynamic risk and compliance landscape requires a modern, cross-functional approach across the enterprise,” said Scott Arnold, CEO at AuditBoard. “By bringing the power of our connected risk platform together with KPMG’s renowned professional services, we’re able to help organizations gain more visibility into risk and manage it more collaboratively and efficiently.”